Are we near the end of the long bull market? It’s a good question because the current bull run is now 9 years old, the second-longest in recent financial history. Astute investors have started to concentrate on whether there are any signs that a bear market might be beginning. A bear market is when there […]
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While the market may seem fairly steady, CNBC’s Jim Cramer has noticed some major rotations swaying stocks below the surface as geopolitical tensions grow more strained. “The truth is we’re in unfamiliar territory here,” the “Mad Money” host said. “While I’m pretty sanguine about the broader market, I can’t blame anyone who wants to fall […]
Read moreThree different measures of valuation are leading one portfolio manager to approach the market with a cautious tone. “We’re concluding that we’re in a low-return environment and investors should be cautious,” on equities at this juncture, said Chad Morganlander, a portfolio manager at Washington Crossing Advisors. He considered three measures of valuation that leads him […]
Read moreCheck out which companies are making headlines before the bell: Shake Shack – The restaurant chain’s stock was downgraded to “neutral” from “outperform” at Wedbush, with potential cannibalization from newly opened locations among the risks mentioned. Darden Restaurants – The restaurant chain operator reported adjusted quarterly profit of 99 cents per share, matching estimates, while […]
Read moreThe Federal Reserve’s plan to methodically raise short-term interest rates over the next couple years may not boost bank shares, contrary to popular belief, and could instead hurt the group’s profitability as it flattens the so-called yield curve, Deutsche Bank said. Analyst Matt O’Connor downgraded shares of JPMorgan and regional bank PNC Financial late Monday […]
Read moreCorporate America is willing to invest money on a longer-term basis under President Donald Trump than the previous “anti-business administration” of Barack Obama, real estate mogul Sam Zell told CNBC on Tuesday. “Bluntly, the only way I can square anything is I focus on what gets done, not what’s said,” the billionaire said on “Squawk […]
Read moreOh man, it’s happening again. Oil is rallying, and so are oil stocks. Both are up about 10 percent in a month. And almost no one thinks it will last. Here’s the story this time: Oil supply is tightening. OPEC compliance with production levels has increased. The shale guys have increased activity, but not as […]
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There’s one classic market theory that could predict exactly when the next correction will occur. Todd Gordon, founder of TradingAnalysis.com, says that the “Elliott wave” theory shows that while the S&P 500 has more room to rally, it will ultimately fall once it reaches a certain level. The framework, invented by Ralph Nelson Elliott, posits […]
Read moreAs the Senate tries yet again to repeal and replace Obamacare and President Donald Trump tweet-blasts the National Football League, CNBC’s Jim Cramer wonders who wants tax reform less. “The White House seems like it still hasn’t figured out what rates it wants, let alone what could possibly pass. They might as well be working […]
Read moreMove over David Bowie. The brothers who brought the world Eminem are trying to cash in by selling up to $50 million shares in a startup that makes money off the hip-hop artist’s music collection, including “Lose Yourself” and “The Real Slim Shady.” The startup, Royalty Flow, filed an offering at the Securities and Exchange […]
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